Pyne Gould (NZSE:PGC) Effective Interest Rate on Debt % : 10.84% (As of Dec. 2017)

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What is Pyne Gould Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Pyne Gould's annualized positive value of Interest Expense for the quarter that ended in Dec. 2017 was NZ$9.94 Mil. Pyne Gould's average total debt for the quarter that ended in Dec. 2017 was NZ$91.65 Mil. Therefore, Pyne Gould's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2017 was 10.84%.

Pyne Gould Effective Interest Rate on Debt % Historical Data

The historical data trend for Pyne Gould's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Pyne Gould Effective Interest Rate on Debt % Chart

Pyne Gould Annual Data

Trend

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Effective Interest Rate on Debt %

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14.71

27.12

15.10

12.92

10.58

Pyne Gould Semi-Annual Data
	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															12.18	15.62	11.49	10.84	10.58

Competitive Comparison of Pyne Gould's Effective Interest Rate on Debt %

For the Asset Management subindustry, Pyne Gould's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Pyne Gould's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pyne Gould's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Pyne Gould's Effective Interest Rate on Debt % falls into.

Pyne Gould Effective Interest Rate on Debt % Calculation

Pyne Gould's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2018 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2017 )	+	Total Debt (A: Jun. 2018 ))	/ count )
=	-1 * -10.255	/	( (88.59	+	105.291)	/ 2 )
=	-1 * -10.255	/	96.9405
=	10.58 %

where

	Total Debt (A: Jun. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	87.782	+	0.808
=	88.59

	Total Debt (A: Jun. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	103.491	+	1.8
=	105.291

Pyne Gould's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2017 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2017 )	+	Total Debt (Q: Dec. 2017 ))	/ count )
=	-1 * -9.936	/	( (88.59	+	94.712)	/ 2 )
=	-1 * -9.936	/	91.651
=	10.84 %

where

	Total Debt (Q: Jun. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	87.782	+	0.808
=	88.59

	Total Debt (Q: Dec. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	94.712	+	0
=	94.712

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is two times the semi-annual (Dec. 2017) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Pyne Gould (NZSE:PGC) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Pyne Gould Effective Interest Rate on Debt % Related Terms

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Pyne Gould (NZSE:PGC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pyne Gould Corp Ltd (NZSE:PGC) » Definitions » Effective Interest Rate on Debt %

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Address

Website

http://www.pgc.co.nz

Pyne Gould Corp Ltd is a wealth management company. The company operates in various business segments that include Torchlight Segment; which provides investment management services and a proprietary investor, Property Group segment; which manages group's property assets, and Parent Company segment; which hold investments in subsidiaries. The Torchlight business segment generates maximum revenue for the company. Geographically the company exports its products to Australia and Cayman Islands regions. The Australian region generates maximum revenue for the company.